Bank lending-deposit spread in Norway
Norway: Bank lending-deposit spread was 2.1 in 2020. ▬ Flat
Bank lending-deposit spread in Norway, 2013–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF).
Analysis
Norway recorded 2.1 for bank lending-deposit spread in 2020. That is the lowest value across all 8 years on record.
Compared with earlier readings it is down 9.0% on the previous year and down 2.8% over ten years.
Norway ranks 110th of 124 countries on this measure, in the bottom quarter.
Bank lending-deposit spread in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 2013 | 2.16 | — |
| 2014 | 2.14 | -0.9% |
| 2015 | 2.19 | +2.2% |
| 2016 | 2.31 | +5.6% |
| 2017 | 2.28 | -1.1% |
| 2018 | 2.19 | -3.8% |
| 2019 | 2.31 | +5.1% |
| 2020 | 2.1 | -9.0% |
Norway compared with similar countries
- Norway's 2.1 is below the median for high income countries, which is 3.8, 55% of the median. (37 countries reporting)
- Norway's 2.1 is below the median for Europe & Central Asia, which is 3.5, 60% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.23 | 2.14 | 2.31 | 7 |
| 2020s | 2.1 | 2.1 | 2.1 | 1 |
Countries ranked near Norway
More financial sector data for Norway
- Reserve position in the IMF, US dollar, annual growth rate 7.97 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0026 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 242.26 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.82 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 176.9 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.97 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0026 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 242.26 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.82 % change on previous year (2025)
Frequently asked questions
- What is bank lending-deposit spread in Norway?
- Bank lending-deposit spread in Norway was 2.1 in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank lending-deposit spread recorded in Norway?
- The highest recorded value was 2.31 in 2016.
- What is the lowest bank lending-deposit spread recorded in Norway?
- The lowest recorded value was 2.1 in 2020.
- How does Norway rank for bank lending-deposit spread?
- Norway ranks 110th out of 124 countries with data for 2020.
- Is bank lending-deposit spread rising or falling in Norway?
- Over the last ten years it is down 2.8%. The long-run trend across the full record is flat.
- Where does this Norway data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank lending-deposit spread. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 8 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Difference between lending rate and deposit rate. Lending rate is the rate charged by banks on loans to the private sector and deposit interest rate is the rate offered by commercial banks on three-month deposits. IFS line 60P - line 60L.